Downtown Evansville

Office Space Market Report

Number of Listings (last 90 days)

55

Median Rate ($/sqft/yr)

$21


Median Size (sqft)

3,810

As of: December 9, 2016

Downtown Evansville Rates

On average, listings lease in the $20's per square foot per year.
The Downtown Evansville submarket is going through a decline in rates.
In the last 3 months, the median rate
fell
$7 per sqft per year.
That's a 24%
decline in rent.

Downtown Evansville Listing Supply

In the last 90 days, 55 listings have been listed,
so you'll want to check back regularly for new listings.
There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,810 sqft, there are still 0 leases below 2,000 sqft.
Most buildings in this market are around 3 stories.
Most buildings in this area were built in 1912
and are Class A.

Downtown Evansville Community

This area is fairly equally mixed residential and commercial.
Health care is the dominant industry in this region.
Most of the folk of Downtown Evansville work from home.
Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Evansville.Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Evansville.Research